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Yesterday's S&P 500 Upswing – A Reversal You Can Trust?

Stock bulls retraced over half of Friday's plunge, but does it count as a reversal? When I look at the volume, the weekly chart, and the credit markets, I have my doubts. Or will the Powell & Mnuchin testimony and Chicago PMIs ride to the rescue, and provide a catalyst to reig...
Monica Kingsley | June 30, 2020 |

A Battle for the Ages

As I was watching the pompom news channel (CNBC), they went into full damage control over Thursday's massacre, and I thought to myself, "What markets or media bullet points do 'the boys' need to control today in order to avoid a weekly sell signal and ensuing panic?" In...
Streetwise Reports | June 16, 2020 |